
Foresight News|4月 12, 2026 00:38
[U.S. Crypto Legislation Negotiations Enter Critical Week, Senate Banking Committee Plans to Vote by End of Month]
Foresight News reports, according to The Block, as U.S. lawmakers return to Capitol Hill next week, negotiations over the handling of 'stablecoin rewards' are intensifying. The Senate Banking Committee plans to hold a vote on the crypto market structure bill by the end of this month, with the handling of stablecoin rewards being the primary obstacle that has hindered the bill's progress in the committee over the past year.
The GENIUS Stablecoin Act, passed last July, prohibits issuers from directly paying interest to holders but does not restrict third-party platforms from offering rewards. A recent report from White House economists indicates that stablecoin rewards are unlikely to have a significant impact on bank lending. Treasury Secretary Scott Bessent has published an article in The Wall Street Journal urging the Senate to pass the bill as soon as possible. Senator Cynthia Lummis stated that this is the last chance to pass the Clarity Act before 2030.
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